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Which of the following statements is CORRECT? a. The discounted payback method eliminates all of the problems associated with the payback method. b. The IRR

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Which of the following statements is CORRECT? a. The discounted payback method eliminates all of the problems associated with the payback method. b. The IRR method appeals to some managers because it gives an estimate of the rate of return on projects rather than a dollar amount, which the NPV method provides. c. When evaluating independent projects, the NPV and IRR methods often yield conflicting results regarding a project's acceptability. d. To find the MIRR, we discount the TV at the IRR. e. A project's NPV profile must intersect the X-axis at the project's cost of capital. Which of the following statements is CORRECT? a. One drawback of the discounted payback is that this method does not consider the time value of money, while the regular payback overcomes this drawback. b. One drawback of the regular payback is that this method does not take account of cash flows beyond the payback period. c. If a project's payback is positive, then the project should be accepted because it must have a positive NPV. d. The regular payback ignores cash flows beyond the payback period, but the discounted payback method overcomes this problem. e. The shorter a project's payback period, the less desirable the project is normally considered to be by this criterion

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